Chinese Stocks Climb 1.5%

Dow Jones
Yesterday

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in China gained Wednesday, as the Shanghai Composite Index gained 1.5% to 3878.43.

Among local companies with a market cap of at least 150 billion onshore Chinese yuan ($22.22 billion), Adv Micro-Fabrication A was the biggest leader during the session, surging 13%, and Piotech A jumped 12%. GD Songfa Ceramics A rounded out the top three movers, as shares jumped 10%.

China CITIC Bank was the biggest laggard, dropping 2.5%, followed by shares of Chn Petro & Chem Sinopec, which dropped 2.4%. Shares of PetroChina A declined 2.1%.

On the currency front, the WSJ Dollar Index held steady at 96.11. The dollar weakened 0.1% against the onshore yuan to 6.75 yuan.

In the bond markets, the 10-year Chinese government bond yield increased 0.19 basis point to 1.721%.

Data source: Dow Jones Market Data, FactSet

 

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